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Dedicated to the taxpayers of Britain, and the employees of Her Majesty's Revenue and Customs (HMRC), who have to endure the monumental shambles that is HMRC.
Tuesday, 22 December 2009
I Am The law
New HMRC, in the shape of guidance note EM1609, seems to allow inspectors to retain tax rebates for self assessment tax payers whilst reviewing the case but without the need to open a formal invetsigation.
Mike Warburton of Grant Thornton and the Chartered Institute on Taxation's John Whiting claim that there is no basis in law that allows inspectors to do this.
HMRC claim that the note "broadens the options" available to tax inspectors.
Tax does have to be taxing.
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